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1990_0326_packet
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1990_0326_packet
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11/4/2011 10:42:34 AM
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L'Spection 3 Findinas for the Establishment of Tax Increment <br />F inanc g Di stir *1 ct No,, 11 a <br />31 a 10�2 The, Council further f inds that the proposed <br />development in the op on of the Council,, would not occur <br />solely through, private 'investment within the reasonably <br />foreseeable future, and, theref ore, the use of tax increment <br />f inian,cing is, delemied necessary. The spelcif ic basis f or such <br />finding beiing: <br />3 ni 01 The, Council further finds that the Tax Increment <br />Oi a <br />Financing Plan for Tax Increment Financing District No. 11 <br />c,lonf lormsi to the general plan f or the development or redevelopmen <br />of the City as, a whole. The specific basis for such f lending <br />be ing <br />The 'Tax Increment F inancing Plan, f or Tax Increment Financing <br />District No. 11 will generally colmpliment and serve to <br /># 0 0 <br />implement policies adopted in the City's comprehensive plan. <br />it 4, 'The Council further finds that the Tax Increment <br />0 <br />Financing Plan, for Tax Increment Financing District No. 11 will <br />afflorid, maximum opportunity consistent with the sound needs of the <br />11115 <br />3 <br />
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